Related Keywords: Empire Investment Holding, JPMorgan Chase, management takeover, manufacturer, nonwoven polyester materia, Polyester Fibers LLC, Salem Investment Partners
Empire Investment Holdings has sold out Polyester Fibers LLC which is headquartered in Conover a leading North American manufacturer and distributor of nonwoven polyester materials to certain senior members of management.
The management-led takeover of Polyester Fibers from its parent company, Empire Investment Holdings has been successfully completed. The takeover was funded by Polyester Fibers' management team and financing was provided by JPMorgan Chase and Salem Investment Partners.